In a cashless society, people use more credit cards. What are the advantages and disadvantages of this phenomenon?
Recently, the phenomenon of cashless societies and its corresponding impact has sparked a heated debate. Although contested by many that the matter of modern societies is highly beneficial, such an issue is regarded thoroughly as both constructive and positive by a substantial number of individuals. I am inclined to believe that the online banking system can be a plus, and I will analyze that throughout this essay.
From an economic standpoint, credit cards can provide the society with some noticeable effects which are rooted in the fact that the merits of debit cards, as well as online shopping, are inextricably bound up. According to my own experience, when I was a university student, I performed an academic experiment which discovered the importance of modern transaction methods. Thus, beneficial ramifications of both national banking network and global banks apparently can be seen.
On the other hand, within the realm of science, using paper money might increase the consequences of traditional transactions. Moreover, the fundamental elements of transferring money might relate to this reality that the demerits of an old-fashioned deal would pertain to ATM devices. As an example, some scientific research undertaken by a prestigious university has asserted that the downside of paying in cash is correlated negatively with slow payment. Hence, it is correct to presume the preconceived notion of technological development.
To conclude, while there are several compelling arguments on both sides, I profoundly believe that the benefits of online payment far outweigh its drawbacks. Not only do the advantages of bank notes prove the significance of deposit accounts, but also pinpoint long-term implications.
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Transition Words or Phrases used:
also, apparently, but, hence, if, moreover, so, thus, well, while, as well as, on the other hand
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 10.0 10.5418719212 95% => OK
Auxiliary verbs: 7.0 6.10837438424 115% => OK
Conjunction : 5.0 8.36945812808 60% => More conjunction wanted.
Relative clauses : 10.0 5.94088669951 168% => OK
Pronoun: 18.0 20.9802955665 86% => OK
Preposition: 34.0 31.9359605911 106% => OK
Nominalization: 9.0 5.75862068966 156% => OK
Performance on vocabulary words:
No of characters: 1474.0 1207.87684729 122% => OK
No of words: 265.0 242.827586207 109% => OK
Chars per words: 5.56226415094 5.00649968141 111% => OK
Fourth root words length: 4.03470204552 3.92707691288 103% => OK
Word Length SD: 3.20740510229 2.71678728327 118% => OK
Unique words: 177.0 139.433497537 127% => OK
Unique words percentage: 0.667924528302 0.580463131201 115% => OK
syllable_count: 462.6 379.143842365 122% => OK
avg_syllables_per_word: 1.7 1.57093596059 108% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 4.0 4.6157635468 87% => OK
Article: 2.0 1.56157635468 128% => OK
Subordination: 5.0 1.71428571429 292% => Less adverbial clause wanted.
Conjunction: 2.0 0.931034482759 215% => Less conjunction wanted as sentence beginning.
Preposition: 5.0 3.65517241379 137% => OK
Performance on sentences:
How many sentences: 12.0 12.6551724138 95% => OK
Sentence length: 22.0 20.5024630542 107% => OK
Sentence length SD: 36.9897696067 50.4703680194 73% => OK
Chars per sentence: 122.833333333 104.977214359 117% => OK
Words per sentence: 22.0833333333 20.9669160288 105% => OK
Discourse Markers: 8.0 7.25397266985 110% => OK
Paragraphs: 4.0 4.12807881773 97% => OK
Language errors: 0.0 5.33497536946 0% => OK
Sentences with positive sentiment : 7.0 6.9802955665 100% => OK
Sentences with negative sentiment : 1.0 2.75862068966 36% => More negative sentences wanted.
Sentences with neutral sentiment: 4.0 2.91625615764 137% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.0860843949967 0.242375264174 36% => The similarity between the topic and the content is low.
Sentence topic coherence: 0.0269152701158 0.0925447433944 29% => Sentence topic similarity is low.
Sentence topic coherence SD: 0.0314427955572 0.071462118173 44% => Sentences are similar to each other.
Paragraph topic coherence: 0.044069809956 0.151781067708 29% => Maybe some paragraphs are off the topic.
Paragraph topic coherence SD: 0.0162285823166 0.0609392437508 27% => Paragraphs are similar to each other. Some content may get duplicated or it is not exactly right on the topic.
Essay readability:
automated_readability_index: 15.8 12.6369458128 125% => OK
flesch_reading_ease: 40.69 53.1260098522 77% => OK
smog_index: 11.2 6.54236453202 171% => OK
flesch_kincaid_grade: 13.1 10.9458128079 120% => OK
coleman_liau_index: 14.97 11.5310837438 130% => OK
dale_chall_readability_score: 10.75 8.32886699507 129% => OK
difficult_words: 101.0 55.0591133005 183% => OK
linsear_write_formula: 14.5 9.94827586207 146% => OK
gunning_fog: 10.8 10.3980295567 104% => OK
text_standard: 11.0 10.5123152709 105% => OK
What are above readability scores?
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Rates: 80.0 out of 100
Scores by essay e-grader: 72.0 Out of 90
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.